the only area it's putting money into is health care, but medicare money has much less of a multiplier effect than the fed stimulus does. in other words, the rest of the government away from the fed punches below its weight. which brings me back to this bubble convict settlement. an elevated market per se isn't that dangerous. all i think we have here is an elevated market, nothing more. janet yellin's comments today will continue to help the elevation so it pays to have more exposure to stock than say yellin is worried and is going to start tightening. the fed is only going to take its foot off the gas and slam on the brakes if companies are doing better. you have this strange situation where it if you think stocks are a giant bubble waiting to pop, you must allege it's going to be popped by something good not bad for the stock market. something positive, not negative for stocks. let's remember, please, not all these bond market equivalent stocks, the ones elevated by the fed are necessarily expensive. lots of people have commented to me over and over again that consumer packaged good